
Chips: the Odd Sector Out as SOX Drops 1.9%
Semiconductors tumbled while the broader market rallied Monday, with Micron and Broadcom both retreating as the Philadelphia Semiconductor Index fell 1.9% in a session marked by a stark divergence…
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Daily Digest
Pomegra Newswire - Page 57 of 110
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways

Semiconductors tumbled while the broader market rallied Monday, with Micron and Broadcom both retreating as the Philadelphia Semiconductor Index fell 1.9% in a session marked by a stark divergence…

Amazon's stock reached a fresh all-time high above $286 on August 3, 2026, propelling its market cap past $3 trillion as Meta, Microsoft, Alphabet, and Oracle posted sharp one-day gains on record…

S&P 500 closed July 2026 with a -0.12% loss, ending an 11-year winning streak as mega-cap AI and chip stocks dragged the calendar july market lower.

Brent crude briefly surpassed $100 per barrel on July 23 after Iran's IRGC declared the Strait of Hormuz closed — marking the most severe energy supply shock since Russia's 2022 invasion of Ukraine.

July employment data arrives Friday amid a fractured Fed, slowing hiring momentum, and markets pricing an 80% chance of a September rate hike.

Euro-area flash HICP accelerated to 2.9% in July 2026, beating June's 2.8% reading, as energy prices surged 10%, tightening the policy dilemma at ECB Frankfurt ahead of its September meeting.

The Bank of Japan kept its benchmark rate unchanged at 1.00% on July 31, 2026, but upgraded its economic forecasts and signaled a potential move as soon as September as Tokyo inflation hit a…

Ford Motor Co. fell Thursday as disappointing auto sales data overshadowed a stronger-than-expected quarterly earnings report delivered earlier in the week, leaving investors cautious about the…

AvalonBay Communities beat Q2 Core FFO estimates at $2.86/share while pressing forward on its all-stock Vivmark Residential merger, with AVB shares trading roughly 8% below consensus fair value.

The S&P 500 closed the week up roughly 1%, rescued by a Magnificent Seven tech rally that offset a Fed-driven midweek plunge, as investors weighed an earnings scorecard that exposed deep fault…

A $1.5 trillion AI stock surge, Iran war de-escalation hopes, and a landmark U.S.-Japan yen defense reshaped global markets in the week ending August 1, 2026.

South Korea's Kospi index lost more than 17% across two sessions on July 28–29, halting the Korea Exchange twice in a row for the first time in its history.

Foreign portfolio investors reversed months of selling to pump fresh capital into Indian equities in late July and early August 2026, lifting the Nifty 50 and Sensex even as Brent crude held above…

The Reserve Bank of India is expected to keep the repo rate unchanged at 5.25% at its August 5 decision, as rising inflation and global uncertainty outweigh robust GDP momentum.

India's Sensex climbed to 78,095 and Nifty 50 closed at 24,384, sealing a third consecutive weekly advance on an IT-led surge and renewed foreign investor buying that lifted Indian benchmarks…

The July nonfarm payrolls release and landmark Q2 earnings from McDonald's and SpaceX converge on a four-day window that could reshape Federal Reserve rate expectations and investor positioning…

Seven OPEC+ core producers approved a sixth consecutive 188,000 bpd production increase for September 2026 before signaling a freeze through year-end, completing the largest sustained quota…

OPEC+'s seven core producers approved a 188,000 bpd September hike at Vienna, completing 2023's voluntary cut rollback before freezing output through Q4 2026.

Michigan's July consumer sentiment survey beat expectations at 55.2 as gas prices retreated, while ExxonMobil and Chevron posted a combined $26.6 billion Q2 profit ahead of August's pivotal…

Strategy's Executive Chairman has deployed buybacks, dividend restructuring, and a bitcoin monetization plan to pull the firm's flagship preferred stock back toward its $100 par value after a…

Coinbase posted a $359 million net loss and Strategy logged an $8.6 billion write-down in Q2 2026, translating Bitcoin's prolonged slide directly into corporate income statements.

Transportation equities have become a real-time referendum on Middle East diplomacy, with airline jet fuel and cruise ship bunker costs forcing investors to price geopolitical risk into every…

Ten-year gilt yields held near 4.98% and bunds at 3.13% as a synchronized global bond selloff stretches from Washington to London and Berlin, driven by sticky inflation, hawkish central banks, and…

Precious metals extended their rally as gold bars vault holdings swelled and silver bullion demand accelerated, reflecting persistent investor anxiety over geopolitical and macroeconomic uncertainty.

Navitas Semiconductor shares plunged 14% after revenue collapsed to $0.5M against a $4.5M target, as the gallium nitride chip maker posted a $28M net loss.

Amkor Technology's record Q2 2026 earnings beat was overshadowed by third-quarter revenue guidance that missed Wall Street consensus by roughly 6%, sending shares to their worst single-day loss in…

Corning's optical fiber cable segment delivered 32% revenue growth in Q2 2026, a marked deceleration from the 81% surge recorded a year earlier, sending shares sharply lower after guidance missed…

PGIM's Katharine Neiss, speaking on Bloomberg TV, called Chair Warsh's presser weaker than expected and forecast three sequential Fed hikes from September.

Apple's third-quarter revenue rose 16% to a record $109.4 billion, but a miss on services revenue and Greater China sent shares down more than 4% after hours.

The Russell 2000 dropped to 2,903, leading major indexes lower as elevated long-end Treasury rates revived floating-rate debt fears and squeezed small cap stocks across the board.